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5 Stocks Pushing The Technology Sector Lower

2. As of noon trading,
Intel (
INTC) is down $0.18 (-0.8%) to $23.73 on average volume. Thus far, 20.6 million shares of Intel exchanged hands as compared to its average daily volume of 37.8 million shares. The stock has ranged in price between $23.62-$23.96 after having opened the day at $23.94 as compared to the previous trading day's close of $23.92.

Intel Corporation designs, manufactures, and sells integrated digital technology platforms worldwide. The company operates through PC Client Group, Data Center Group, Other Intel Architecture, Software and Services, and All Other segments. Intel has a market cap of $118.3 billion and is part of the electronics industry. Shares are up 15.1% year to date as of the close of trading on Thursday. Currently there are 11 analysts that rate Intel a buy, 5 analysts rate it a sell, and 16 rate it a hold.

TheStreet Ratings rates
Intel as a
buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, expanding profit margins, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. Get the full
Intel Ratings Report now.